The unemployment rate in Malta fell to 3.3 percent in the first quarter of 2020 from 3.6 percent in the corresponding period of the previous year. The number of unemployed dropped by 330 to 9,006 while employed rose by 13,584 to 260,827. Meantime, the activity rate went up to 77.2 percent from 75.4 percent in Q1 2019 and the employment rate rose to 74.6 percent from 72.6 percent.

Unemployment Rate in Malta averaged 6.04 percent from 2001 until 2020, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 3.20 percent in the fourth quarter of 2019. This page provides the latest reported value for - Malta Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Unemployment Rate in Malta is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Malta to stand at 7.20 in 12 months time. In the long-term, the Malta Unemployment Rate is projected to trend around 6.10 percent in 2021 and 4.50 percent in 2022, according to our econometric models.

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Malta Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 8.24 3.20 2001 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 09:00 AM Q2 3.4% 3.5% 3.7%
2019-12-23 11:25 AM Q3 3.4% 3.4% 3.7%
2020-03-26 10:00 AM Q4 3.2% 3.4% 3.40%
2020-06-25 10:40 AM Q1 3.3% 3.2% 3.6%
2020-09-30 09:00 AM Q2 3.3% 5.1%
2020-12-21 10:00 AM Q3 6.3%


News Stream
Malta Jobless Rate Falls to 3.3% in Q1
The unemployment rate in Malta fell to 3.3 percent in the first quarter of 2020 from 3.6 percent in the corresponding period of the previous year. The number of unemployed dropped by 330 to 9,006 while employed rose by 13,584 to 260,827. Meantime, the activity rate went up to 77.2 percent from 75.4 percent in Q1 2019 and the employment rate rose to 74.6 percent from 72.6 percent.
2020-06-25
Malta Jobless Rate Falls to Lowest on Record
The unemployment rate in Malta fell to 3.2 percent in the last quarter of 2019 from 3.6 in the corresponding period of the previous year. It was the lowest jobless rate on record, as the number of unemployed dropped by 467 to 8,541 while employed rose by 13,130 to 258,064. Meantime, the activity rate went up to 76.6 percent from 75.5 percent and the employment rate rose to 74.1 percent from 72.8 percent in Q4 2018.
2020-03-26
Malta Jobless Rate Falls to 3.4% in Q3
The unemployment rate in Malta decreased to 3.4 percent in the third quarter 2019 from a downwardly revised 3.6 percent in the same period of the previous year. The number of unemployed fell by 216 to 8,879 while employed increased by 10,955 to 255,297. Meantime, the activity rate rose to 76.4 percent from 76.1 percent a year earlier and the employment rate went up to 73.7 percent from 73.3 percent.
2019-12-23
Malta Jobless Rate Falls to 3.4% in Q2
The unemployment rate in Malta decreased to 3.4 percent in the second quarter of 2019 from a downwardly revised 3.7 percent in the same period of the previous year. The number of unemployed fell by 223 to 8,815 while employed increased by 16,468 to 251,700, mostly in full-time jobs (up 15,213 to 217,843). Unemployment rose among people aged 15-24 years to 9.1 percent from 8.4 percent in Q2 2018 but decreased in the 25-74 age group to 2.7 percent from 3.1 percent a year ago. Meantime, the activity rate rose to 67 percent from 63.3 percent a year earlier and the employment rate went up to 64.6 percent from 61.1 percent in the corresponding period of 2018.
2019-09-30

Malta Unemployment Rate
In Malta, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.